Autonomous Trucks
Last year’s resurgent performance among the companies in our annual Top 20 Lift Truck Suppliers list, which was based on 2021 sales, was completely understandable. As indicated by the numbers in our 2023 Top 20 Lift Truck Suppliers list, based on 2022 revenue, most of the Top 20 suppliers continued growing sales in 2022, though many expanded at a slower rate compared to the previous year. Conducted annually, our Top 20 Lift Truck Suppliers list is based on a questionnaire we send out to suppliers in May, combined with research on published numbers from publicly held vendors. ITA class of trucks manufacturedClass 1 Class 2 Class 3 Class 4 Class 5 1 Toyota Industries Corporation x x x x x 2 KION Group AG# x x x x x 3 Jungheinrich AG+ x x x 4 Crown Equipment Corp. x x x x x 5 Mitsubishi Logisnext Co., Ltd. x x x x x 6 Hyster-Yale Materials Handling, Inc. x x x x x 7 Anhui Forklift Truck Group Co., Ltd. x x x x x 8 Hangcha Group Co., Ltd. x x x x x 9 Doosan Bobcat, Inc. x x x x x 10 Clark Material Handling x x x x x 11 EP Equipment, Ltd. x x x x 12 Komatsu Ltd.* x x x 13 Lonking Forklift Co., Ltd. #,+ x x 14 Guangxi LiuGong Machinery Co., Ltd.+ x x x x x 15 Hyundai Material Handling x x x x 16 Combilift Ltd. x x x x x 17 Noblelift Intelligent Equipment x x x 18 Manitou Group+ x x x x 19 Godrej & Boyce x x x x x 20 VisionNav Robotics x x xHolding on to seventh place, Anhui Forklift Truck Group’s revenues decreased from $2.4 billion in 2021 revenue on last year’s list, to $2.25 billion. That’s our Top 20 Lift Truck Suppliers for 2023, based on calendar and/or fiscal year 2022 revenue.